Silica sand is the primary ingredient in all types of glass manufacturing. It is used in making flat glass for buildings and vehicles, container glass for food and beverages, and as specialty glass for photovoltaic cells and mobile phones, as well as high-capacity lithium-ion (Li-ion or LIB) rechargeable batteries.
The Asia-Pacific region accounts for 47% of global demand for silica sand and the Australia silica sand market is predicted to grow at a CAGR of 7.7% over the period 2021-2027. In dollar terms the silica sand market is expected to reach USD 62.1 Million by 2027.
In early 2018, VRX Silica identified a silica sand shortage in the Asia-Pacific region which is predicted to worsen due to dwindling local supplies and increasing demand.
VRX Silica has grasped this unique opportunity for Western Australia to supply a niche, but growing, silica sand market and meet this rising demand in the Asia-Pacific markets.More about VRX Silica
VRX Silica has acquired high-quality silica sand projects at Arrowsmith Silica Sand Project, located 270km north of Perth in WA, at Muchea Silica Sand Project, 50km north of Perth, and Boyatup Silica Sand Project, 100km east of Esperance. All locations have the potential for substantial Mineral Resources and benefit from adjacent rail lines connecting to ports in Geraldton (Arrowsmith), Kwinana (Muchea) and by road to the port at Esperance (Boyatup).
VRX Silica has recently vended the Biranup gold and base metals project in regional Western Australia into a new dedicated explorer called NickelX Ltd. VRX Silica retains an interest in the success of the project in the new company.
VRX Silica is wholly focused on becoming a global high quality Silica Sand producer and exporter.See Projects